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02-28-2008, 09:15 AM | #2 |
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^^^
Good question?? I'm interested to see just how many back out....I'm going to say less than 1% of the total people that have ordered are going to back out. Either way BMW has you. With the rates the way they are, they can just switch people into a 3. |
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02-28-2008, 10:17 AM | #3 |
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I am seriously considering backing out or at least waiting until prices/rates cool down. I wasn't happy with the MSRP being 20% higher than the American price despite the dollar being at parity, and I wasn't happy with the ridiculous $2000 freight and PDI charge, but I was still willing to pay these prices for this great car. However, now with the high interest rate, I don't think I can accept the continued gouging from BMW, especially since other luxury brands like Lexus and Audi are lowering their Canadian prices.. I will have to think long and hard about this.
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02-28-2008, 10:45 AM | #6 |
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These rates only matter to people leasing...If you're purchasing the car/financing you'll have no problems finding a way better rate. I honestly think you could find a better rate even if you have a terrible credit history! |
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02-28-2008, 11:59 AM | #10 |
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7.75% !!!
I just checked the BMW.ca site... 36 month rates are; 335i = 4.9% 535i = 3.9% 650i = 4.9% 750i = 3.9% M coupe = 5.9% M5 = 3.9% X3 3.0si = 2.9% X5 3.0si = 2.9% So if the 36 month lease rate for the 135i is 7.75%... Houston, we have a problem !!!
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02-28-2008, 12:05 PM | #11 |
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Geez I called my SR and he said the rates and risdual values are not out yet but he'll let me know as soon as he knows something.. honestly if the 7.75% is the lease rate that I guess is fine because my SR told me the lease was around there and finance should be around 6.9% or something like that.. but if that 7.57% is the finance then use I think forget houston, the plant has a big problem haha...
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02-28-2008, 12:12 PM | #12 |
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haha...I was disappointed with my 6.8% on my remaining $17,945. Guess I shouldn't complain. especially since I got a $41k car down to $350/month for 5 years.
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02-28-2008, 02:03 PM | #14 |
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You would think the 1 series rates would be very similar tot he 3 series. I know the demand for the 335's is till high and they are a pre-order car also. The 1 series should be a similar situation.
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02-28-2008, 02:52 PM | #16 |
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yup, it comes down to supply and demand. Also don't forget that the 3 series is their best seller and they aren't going to want to upset/push away those buyers. I think the rates for the 1 is higher shows that BMW doesn't think it's going to be a car that's going to be leased by the majority and is expecting the 1 to be more for a targeted audience...hope that makes sense... |
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02-28-2008, 02:58 PM | #17 |
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I looked into a 335 coupe when I ordered my 1 series. The 3 series was a LONGER wait time because demand is so high. I could get a 1 series in Mid april but a 335 coupe would have been end of May to mid June. As you say...law of supply and demand! Once the 1 series is physically in the showrooms and local roads I'm sure the demand for them will go crazy.
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02-28-2008, 07:15 PM | #19 | |
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02-28-2008, 07:16 PM | #20 |
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As much as I love this car and the fact that there is nothing else available that I want, I just cant warm to the idea of paying the same price for it as I would a 335i coupe.
Decisions to make..... |
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02-28-2008, 10:01 PM | #21 |
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Trust me, I was so excited to get behind the wheel of a 128i or 135i convertible. Now, no way in hell. I'll likely wait a couple of years and let one of the rich, price inelastic buyers absorb the steep initial depreciation and then I'll swoop in. Or perhaps by then I might be able to afford a used 997 Carrera 4S. :biggrin:
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02-29-2008, 10:31 AM | #22 | |
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